Relevant and even prescient commentary on news, politics and the economy.

The New Yorker magazine

rdan James Surowiecki at the New Yorker has a few tidbits for a slow news day…or if the news is not slow, the reporting is. Notice AB at the top of the blog roll for fun.

Never turn down ad revenue

rdan If you like the idea of earning high income—8%-12% annually—plus 15%, or higher, capital gains on top of that… …this new multimedia report, The 25% Cash Machine, will show you, step-by-step, how to get started today. It will take you from the basics of strategic high-income investing right through some of the very best […]

What was the Nexus?

(Update. Not that it matters much at this point but I fixed the link to the Letter to President Clinton. BW 1/3/09) No I am not asking about a car or misspelling LexisNexis or even talking about a new sequel to the Matrix. It is instead the question to be applied to the following list […]

Diabolical Chinese force US spending… ?

rdan Yves Smith said it fast and clear in her response to this part of a series in the NYT explaining the financial woes of the US. Two famous men, Kenneth Rogoff and Ben Bernanke, are given star billing. Yves post is worth reading. Here are some links to Angry Bear posts on the trade […]

Socking away more in the bank leaves less for splurging at the mall

rdan The The WSJ gives us this quote: To be sure, there was a glimmer of positive economic news this week as well, as the Labor Department released figures showing inflation-adjusted consumer spending inched up slightly in November as gas prices fell steeply. The personal savings rate also climbed in November. Socking away more in […]

Former CENTCOM Commander on Iraq: May 2004

(By Bruce Webb. Well it is a slow night. So let me point you to perhaps the strongest indictment of Bush Iraq policy c.2002-2004. By the guy who General Tommy Franks followed into command. Bolding mine). Gen. Anthony Zinni, USMC, (Ret.) Remarks at CDI Board of Directors Dinner, May 12, 2004 I just came back […]

Robert Shiller vs My Mom

Robert Waldmann Now that the crash has come, Robert Shiller’s editor convinced him to write another book to cash in on the fact that he predicted the crash in the second edition of Irrational Exuberance so he wrote “The Subprime Solution”. Smart move. A less comprehensible part of the Princeton University Press publishing strategy was […]

Real world business for the economic buffs

by divorced one like Bush I thought for something a little different during the holiday respite and assuming there will be no major economic calamities, maybe some readers would like a real world small business experience. This post deals with the world of flower wire services and just what it costs you and what you […]